Zimbabwe’s foreign currency inflows increased by 17.9% in the first nine months of 2024, mainly driven by export earnings and remittances from the diaspora. While presenting the 2025 National Budget …
Mthuli Ncube
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LOCAL NEWS
New Taxes on Fast Food, Betting, and Plastic Bags to Take Effect in 2025
by Kells Dzivaby Kells DzivaFinance and Economic Development Minister Mthuli Ncube announced on Thursday a set of new taxes designed to boost government revenue and address growing financial demands, placing additional strain on an …
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LOCAL NEWS
Zimbabwe to Compensate Farmers with Initial US$20 Million Payment Amid Land Reform Controversy
by Kells Dzivaby Kells DzivaThe Zimbabwean government is set to disburse an initial payment of US$20 million this month to compensate both foreign white and local Black farmers who lost land due to farm …
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LOCAL NEWS
Ncube Admits Millions Spent on Unbudgeted Cars for Chiefs, Ministry Left in the Red
by Kells Dzivaby Kells DzivaFinance Minister Mthuli Ncube has admitted that the government spent millions of dollars on unbudgeted twin-cab vehicles for chiefs earlier this year, causing significant financial strain on their parent ministry. …
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BUSINESS NEWS
Harsh Tax Regime and Corporate Closures Among Key Challenges in Mid-Term Review
by Kells Dzivaby Kells DzivaFinance Minister Mthuli Ncube is set to present his Mid-Term Fiscal Policy Statement today, with business groups and economists urging him to introduce measures to revive the sluggish economy, reports …
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BUSINESS NEWS
Finance Minister Mthuli Ncube Intensifies Investment Drive with Focus on Asia and Europe
by Kells Dzivaby Kells DzivaProfessor Mthuli Ncube, Zimbabwe’s Minister of Finance, Economic Development, and Investment Promotion, has announced a renewed effort to bolster investments and re-engage with foreign markets, particularly targeting Asia and Europe. …
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Finance Minister, Professor Mthuli Ncube says currency speculation is unjustified in Zimbabwe. Speaking in Parliament he said : “I thank the Hon. Member for that very important question. It is …
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Finance Minister Mthuli Ncube has emphasized the importance of African nations coming together to foster economic growth. Speaking at the 56th Session of the Economic Commission for Africa Conference of …
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Grain Millers Urge Mthuli Ncube To Reverse 15% Tax On Rice The Grain Millers Association of Zimbabwe (GMAZ) has urged Finance, Economic Development and Investment Promotion Minister Mthuli Ncube to …
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LOCAL NEWS
Mthuli Ncube Wins Parliamentary Election After High Court Barred 12 CCC MPs
by Kells Dzivaby Kells DzivaZimbabwe’s Finance Minister Professor Mthuli Ncube has automatically won the Cowdry Park constituency among other ZANU PF contestants in Bulawayo after the High Court of Zimbabwe barred 12 Citizens Coalition …